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Wednesday, September 7, 2011

Fracking Backlog Not Getting Better in the Bakken -- Bakken, North Dakota, USA

Sixteen wells came off the confidential list yesterday. Six reported an IP; the ten others were placed on the DRL list which means these wells were not completed (i.e., not fracked).

The bigger producers in the North Dakota Bakken, in their 2Q11 earnings calls, said they were adding dedicated frac crews or mentioned that they were up to speed with their frac crews, and said they expected to get caught up by this winter, now that we have good weather.

I'm not seeing that. If anything, the fracking backlog seems to be growing. It should be noted, that I am seeing only the wells that come off the confidential list. There may be a large number of wells that were not placed on the confidential list and are being fracked. But I doubt it. NDIC's daily activity report does not suggest it.

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